Keysight Technologies price target raised to $170 from $165 at BofA

BofA raised the firm’s price target on Keysight Technologies (KEYS) to $170 from $165 and keeps an Underperform rating on the shares. After “beat-and-raise” results despite tariff headwinds in fiscal Q2, the firm sees this guidance raise as likely to drive a relief rally in shares given the broader concerns about tariff and cyclical demand. However, the firm reiterates an Underperform rating to reflect below-peer EPS growth.